Sembcorp Industries has delivered a comprehensive sustainability-driven performance in its Annual Report 2025, showcasing accelerated renewable expansion, sharp emissions reduction, and continued investment in clean energy technologies, while maintaining high energy reliability across key markets.
The company reduced its greenhouse gas emissions intensity to 0.29 tCO2e per MWh in 2025, a significant improvement from 0.54 in 2020, demonstrating its ability to “bend the curve” on emissions, according to Sembcorp Sustainability Report 2025.
Sembcorp Industries CEO Wong Kim Yin said: “We made meaningful progress in advancing our sustainability agenda, scaling our renewables portfolio, strengthening energy security, and supporting communities through impactful decarbonisation initiatives.”
“Our disciplined approach to portfolio transformation and continued investments in clean energy position Sembcorp to drive Asia’s energy transition responsibly. We remain committed to delivering long-term sustainable value while balancing growth, resilience, and our ambition for a low-carbon future,” Wong Kim Yin said.
Sembcorp is targeting a further reduction to 0.15 by 2028 and has set an additional interim goal of 0.26 by 2035, aligned with a well below 2°C climate pathway. In parallel, absolute emissions are projected to fall to 2.7 million tCO2e by 2030 as part of its long-term decarbonization roadmap.
Renewable energy remains central to its sustainability strategy, with operational capacity reaching 15.0 GW and total gross capacity, including projects under development, rising to 20.4 GW. This marks a six-fold increase over five years, positioning Sembcorp among Asia’s leading renewable energy players. The company remains on track to achieve its 25 GW target by 2028, supported by strong project execution in high-growth markets such as India and China.
Operational excellence continues to underpin its transition strategy. Gas-fired power assets recorded a 99.8 percent reliability factor in 2025, significantly outperforming the global benchmark of 97.2 percent, ensuring grid stability in markets including Singapore and the UK. At the same time, Sembcorp operates one of the largest battery energy storage system portfolios in Southeast Asia, strengthening grid resilience and addressing renewable intermittency challenges.
The company’s dual frameworks – “Driving Energy Transition Responsibly” and the “Transition Triple” – integrate renewable growth, low-carbon energy solutions, and sustainable urban development. Key milestones in 2025 included securing a 150 MW dispatchable renewable project in India and a 125 MW wind project in Oman, alongside the development of a 600 MW hydrogen-ready combined cycle gas turbine plant in Singapore, scheduled for operation in 2026.
Sembcorp’s urban solutions segment continues to expand through the Vietnam Singapore Industrial Park network, now comprising 22 parks. These integrated developments have attracted approximately $64 billion in foreign direct investment and expanded industrial space beyond 1 million square meters, supporting green industrial ecosystems.
Community impact initiatives under the Energy for Good Fund have powered 110 sites since 2022, generating over 930,000 kWh of solar energy and avoiding more than 654,000 kg of CO2e emissions. Meanwhile, the company has invested over S$5 billion in renewable projects since 2021 and continues to align its capital strategy with sustainability goals through a financing framework tied to emissions and capacity targets.
Looking ahead, Sembcorp is advancing green hydrogen and ammonia supply chains, including collaborations in India, while its proposed acquisition of Alinta Energy in Australia is expected to add 3.4 GW of capacity and enhance its renewables pipeline. With clear milestones set for 2028, 2030, and 2035, the company remains firmly on track to achieve net-zero emissions across its value chain by 2050, reinforcing its leadership in the global sustainable energy transition.
BABURAJAN KIZHAKEDATH